Time Dollars in Action Elderplan (Member to Member) Cross-Age Peer Tutoring Youth Court

Time Dollar Youth Court 53% of African American males in prison, parole, probation or warrant out for their arrest 30-40% of Juvenile Arrests “No Papered” 31% Recidivism Rate for Juveniles “No Papered”

Cross-Age Peer Tutoring 40% of students never finish high school 10-20% of students classified Special Education or Attention Deficit Deficient by 4-5 th grade

Elderplan Member-to-Member 20% of Seniors spend time in hospital annually Social isolation and depression affect physical health Long term care prohibitively expensive

The Miner’s Canary

40% of productive work occurs outside the market economy (Becker, Folbre) $1.9 trillion = value of household work in the US in 1998 (25% of GDP) $196 billion = national value of informal care giving in 1997 A Different Economic System

The Core Economy The underlying operating system of society

A New Operating System Assets Redefining Work Reciprocity Social Capital

Assets The real wealth of this society is its people. Every human being can be a builder and a contributor.

Redefining Work Work must be redefined to include whatever it takes to rear healthy children, preserve families, make neighborhoods safe and vibrant, care for the frail and vulnerable, redress injustice, and make democracy work.

Reciprocity Giving is more powerful as a two-way street. To avoid creating dependency, acts of helping must trigger reciprocity: giving back by helping other. “You need me” becomes “We need each other.”

Social Capital “No man is an island.” Informal support systems, extended families, and social networks are held together by trust, reciprocity, and civic engagement.

Complementary Currencies Need Banking Systems Need Money to Run Social Inventions Need Money to Run

Let’s Start with Social Justice: Tax-Exempt Status Reject Market Pricing to Secure Foundation & Government Support Co-Production = Funding

Shifting the Burden of Proof Redefining the range of the possible Producing Different Outcomes

From Why? to Why Not?